As per the World Bank's Ease of Doing Business Ranking, India's rank has improved from 142 in 2014 to 63 in 2019. During· this period, in which of the following parameters has India's rank deteriorated?
Registering property
The World Bank's Ease of Doing Business report is an important indicator of a country's regulatory environment for businesses. India showed significant improvement in its overall rank, moving from 142 in 2014 to 63 in 2019. This overall jump means that, on average, across the various parameters assessed by the report, India's performance improved significantly.
The question asks specifically about a parameter where India's rank might have *deteriorated* despite the overall improvement. The report measures performance across several areas, and while many improved for India, it is possible for one or more specific areas to have seen a decline in rank during this period.
Let's look at the parameters mentioned in the options:
While India's overall rank improved dramatically, analysis of the sub-indicator rankings reveals that performance wasn't uniform across all parameters. Among the options provided, historical data from the World Bank's reports indicates that the rank for 'Registering property' did not follow the same improving trend as the overall rank or some other parameters during the 2014-2019 period. In fact, its rank worsened in some years within this period, showing a deterioration compared to other countries' performance in this specific area.
For context, let's consider the general trends for these specific parameters for India:
| Parameter | Trend in India's Rank (2014-2019) |
|---|---|
| Ease of starting a business | Improved |
| Getting electricity | Improved |
| Registering property | Deteriorated / Lagged significant improvement |
| Paying taxes | Improved |
Based on the World Bank's data for India during this period, the rank for Registering property was the one that saw a deterioration, or at least did not improve significantly and even declined in rank relative to other countries making faster progress in this area.
Therefore, despite India's impressive overall jump in the Ease of Doing Business ranking from 142 to 63 between 2014 and 2019, the parameter where its rank deteriorated was Registering property.
| Ease of Doing Business Area | Key Aspects Measured | India's General Trend (2014-2019) |
|---|---|---|
| Starting a Business | Procedures, time, cost, capital | Improved significantly |
| Getting Electricity | Procedures, time, cost, reliability | Improved |
| Registering Property | Procedures, time, cost, quality of land administration | Deteriorated / Lagged |
| Paying Taxes | Number of payments, time, total tax rate, post-filing index | Improved |
| Overall Rank | Composite of 10 parameters | Improved dramatically |
The World Bank's Doing Business report provided quantitative indicators on business regulations and the protection of property rights. It measured regulations affecting 10 areas of the life of a business:
The report aimed to provide comparable data across economies and over time to encourage reforms and improve business environments. The report methodology and specific ranks varied slightly year to year based on updates and data collection methods. The overall rank was a simple average of the percentile ranks on each of the 10 topics.
India's significant improvement was often attributed to dedicated reform efforts focusing on areas like resolving insolvency, paying taxes, getting electricity, and dealing with construction permits, which saw substantial positive changes in rank.
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Select the correct answer using the code given below :
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Select the correct answer using the code given below.
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Select the correct answer using the code given below.
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